Rich countries’ emissions- developing countries’ bill?

May 30, 2007

The entire amount of money pledged by all the world’s richest countries to the world poorest to help them deal with the effects of climate change only adds up to half of what London recently assigned to help ‘climate-proof’ the London Underground.

Celine Charveriat, head of Oxfam’s Make Trade Fair campaign, said, “Developing countries cannot be expected to foot the bill for the impact of rich countries’ emissions. G8 countries face two obligations as they prepare for this year’s summit in Germany – to stop harming by cutting their emissions to keep global warming below 2C, and to start helping poor countries to cope by paying their share of $50bn per year in adaptation funds.” :- Tree Hugger

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